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116. Which of the following best describes the outcome of the portfolio approach? A. B. Portfolio diversication provides better risk-reduction benefits during Portfolios generally reduce

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116. Which of the following best describes the outcome of the portfolio approach? A. B. Portfolio diversication provides better risk-reduction benefits during Portfolios generally reduce risk more than they increase returns. severe market turmoil. The standard deviation of an equally weighted portfolio can be greater than the average of the standard deviation of the individual components

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